Hy/Jay - Yukon Exploration

Projects

HY / Jay

Yukon Exploration

The HY/Jay project located in Upper Hyland River area of eastern Yukon in a belt that hosts several high-grade gold vein occurrences, including
the 3Ace property currently being explored by Golden Predator Mining Corp. The HY claim group was acquired from Freeport McMoRan Exploration
(" Freeport") in 2011 with the addition of the Jay claims by staking in 2011. Work to date has outlined three areas of anomalous gold in rock
and soil, being the West and East zones and the Zig Zag zone. Selective grab samples have returned elevated gold values and include two samples
with visible native gold.

Option Agreement:

Bearing entered into property purchase agreement with Golden Predator Mining Corp. whereby Golden Predator will make an aggregate cash payment
of $275,000 over 48months. In addition, Golden Predator will issue 85,000 common shares over the first 8 months and up to $600,000 worth of
common shares on dates that are 20 months, 32 months, and 48 months. Bearing will retain a 2% net smelter return royalty on certain claims
and a 1% net smelter returns royalty on the remaining claims, of which 50% of the NSR can be repurchased for $1,000,000 at any time.

Current Projects and Opportunities

Bearing Lithium Corp. is a mineral exploration and development company, primarily focused on lithium. Its primary asset is a free-carried 17.7% interest in
the Maricunga lithium brine project in Chile. The Maricunga project represents one of the highest-grade lithium brine salars globally and the only pre-production
project in Chile. Over US$30 million has been invested in the project to date and all expenditures through 2018, including the delivery of a Pre-Feasibility Study
in Q4/17 and a Definitive Feasibility Study in H1/18, are fully-funded by their earn-in joint-venture partner. Bearing also holds a portfolio of
grass-roots exploration projects in the gold district of the Yukon, which are currently optioned to Golden Predator, and a lithium project in Nevada.